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In New York a real estate broker or salesperson can use a mechanics’ lien to collect an unpaid commission after procuring a tenant for a commercial landlord pursuant to New York Lien Law § 10. This statutory right to file a mechanics’ lien against a landlord’s property was enacted in 1982 in order to address […]
Approximately one year ago, a data aggregation company based in California named Sperlonga entered into an agreement to start providing condominium and HOA owner payment and account status data to the credit reporting company Equifax. It is our understanding that Sperlonga charges a monthly flat fee to the condominium or HOA for this service or […]
Landlords and condominium boards frequently have to sue tenants and unit owners who fail to pay their rent or common charges in a timely manner. This is an unfortunate fact of life in the real estate world. In these situations, courts have typically been very stingy when awarding late fees or legal fees to the […]
More and more buildings are added to New York’s skyline each year. Frequently, it is impossible for a new construction project or building-wide gut rehabilitation to be completed without the owner who is performing the construction entering upon an adjoining owner’s property. New York has had a statute in effect since 1968, which addresses the […]
Airbnb is a global technology company with huge revenues that facilitates apartment rentals by owners and tenants to third parties, often tourists, on a short-term basis. Airbnb reached a settlement with New York State earlier this month, which dropped the lawsuit Airbnb brought challenging a new law that went into effect in October 2016, which […]